2017-18 Mid Year Fiscal and Economic Review

The 2017-18 Mid Year Fiscal and Economic Review (MYFER) provides an update on the State’s economic and fiscal position since the 2017-18 Budget and includes the Government’s actions to further support Queenslanders.

Budget Speech (Budget Paper 1)

Budget Strategy and Outlook (Budget Paper 2)

This document provides the context and background to the Budget. This includes the Queensland Government’s fiscal and economic plan, key Budget priorities, overviews of revenue and expenses and financial statements for the Queensland Government as a whole. It also provides information on recent economic conditions, Queensland’s economic performance, key economic forecasts and State and Commonwealth financial relations.

This document also includes information on the cost of concessions provided by the Queensland Government across a wide range of services including transport, electricity and water.

Capital Statement (Budget Paper 3)

The Capital Statement presents an overview of proposed capital outlays by each Queensland Government department in 2017-18, as well as a summary of the Government’s approach to infrastructure provision. Capital outlays are broken down into capital purchases (including acquisitions under finance leases) and capital grants.

Mapping the Queensland Budget Capital Program

The Queensland Government is committed to delivering capital projects which create jobs, support ongoing and efficient delivery of services, meet the needs of local communities and support growth throughout the state.

Following the delivery of the Queensland Budget in June 2017, please re-visit this page to explore the Government’s capital expenditure projects happening in your area and around the State.

Service Delivery Statements (Budget Paper 5)

Service Delivery Statements provide budgeted financial and non-financial information for the 2017-18 Budget. A separate document is provided for each departmental portfolio and one for the Legislative Assembly of Queensland.

Appropriation Bills

Section 27 of the Financial Accountability Act 2009 provides that, for each financial year, the Treasurer must present two Bills to the Legislative Assembly: one for the Legislative Assembly, known as the Appropriation (Parliament) Bill; and one for all other agencies, known as the Appropriation Bill.

The Bills provide for:

2017-18 appropriation to fund the cost of delivering departmental services, administered items and equity adjustments in that year

supply for 2018-19 to allow the normal operations of government to continue until the Appropriation Bill for 2018-19 receives assent.

Regional Action Plans

Regional Actions Plans outline key Budget initiatives and projects announced by the Government for each region.

Note: In a limited number of cases, the expenditure for individual projects and initiatives, including estimated total infrastructure and capital works spending by region in 2017-18, in the Regional Action Plans (RAPs) may not precisely match that presented in other Budget Papers. This reflects different rounding approaches to specific project and initiative expenditures in development of the RAPs. In these instances, the more detailed expenditure presented in Budget Papers 3 and 4 should take precedence and be referenced.